Touchstar (LON:TST) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Touchstar plc (LON:TST) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 80.94 and traded as high as GBX 85.50. Touchstar shares last traded at GBX 83, with a volume of 2 shares trading hands.

Touchstar Price Performance

The company has a fifty day simple moving average of GBX 80.94 and a two-hundred day simple moving average of GBX 70.46. The company has a market capitalization of £6.57 million, a price-to-earnings ratio of -6.25 and a beta of 0.42. The company has a debt-to-equity ratio of 38.31, a quick ratio of 1.16 and a current ratio of 1.39.

Touchstar (LON:TST) last announced its quarterly earnings data on Thursday, May 7th. The company reported GBX 3.83 earnings per share (EPS) for the quarter. Touchstar had a negative net margin of 15.85% and a negative return on equity of 41.54%. The company had revenue of GBX 682 million during the quarter. As a group, research analysts anticipate that Touchstar plc will post 11.3882863 earnings per share for the current year.

Insider Activity

In related news, insider Lynden Jones purchased 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average cost of GBX 77 per share, with a total value of £38,500. 55.28% of the stock is currently owned by insiders.

Touchstar Company Profile

TouchStar Technologies Ltd has been supplying turnkey data collection and mobile computing solutions for industrial and commercial applications since 1982.

Global leaders such as Coca Cola Enterprises, Wincanton Logistics, Ford Motor Company, GSK, Tata Steel, Calor Gas and Certas have benefited from a highly professional approach to project fulfilment.

Our solutions are always ‘fit for purpose’ and supported & maintained for decades, preserving and future-proofing your initial capital investment.